MobiKwik launches bill payments for electricity, insurance & gas via m-wallet
By Parvina Purkayastha - Fri Nov 16, 3:31 pm
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MobiKwik makes life simple for consumers, it launched its new bill payment services. Consumers can now pay all their utility bills including telecom mobile and landline, electricity, insurance and gas, via their MobiKwik m-wallet.
MobiKwik has tied up with Airtel landline, TATA Teleservices (CDMA), MTNL in telecom, Reliance Energy, BSES Rajdhani, BSES Yamuna, MSEB Mumbai, North Delhi Power in electricity, ICICI Prudential, TATA AIG life insurance for Life Insurance and Mahanagar Gas.
Customers can purchase recharge vouchers, SMS packs, tariff vouchers and other products from leading mobile operators through their MobiKwik wallet. MobiKwik is India’s No. 1 online recharge site for Airtel, Vodafone, Idea, Tata Indicom, Reliance, BSNL, Aircel, Loop, Virgin Mobile and Tata Docomo.
The inclusion of these new service options will enable users of MobiKwik to securely and conveniently pay all their utility bills online, via the MobiKwik wallet. By adding money to their MobiKwik m-wallet by credit or debit card or through the facility of doorstep collection, users can make payments for services and recharges in one click, or via an SMS or by dialling a number.
According to a recent MasterCard survey, 80% per cent of bills in India are paid at the biller’s office, of which 90% are cash payments. Nearly 15% of bills are paid online either through online banking which is primarily available for the banked population or through the biller’s website, which would require the user to visit multiple websites.
“With MobiKwik, users now have the option of consolidating all their utility payments through one wallet that promises ease, security, and the convenience of doing away with cheques and late payments and the option to be green.” says, Bipin Preet Singh, CEO & Founder, MobiKwik.
He further added, “Our ambition is to be the PayPal of India by simplifying digital transactions between merchants and consumers, facilitated by the MobiKwik m-wallet”.
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